Tuesday, January 29, 1974

Cedar Rapids Gazette

Location: Cedar Rapids, Iowa

Page: 36

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Text Content of Page 36 of Cedar Rapids Gazette on Tuesday, January 29, 1974

Cedar Rapids Gazette (Newspaper) - January 29, 1974, Cedar Rapids, Iowa V*CRRD<fc/*ftW The Cedar Rapids Galette: Tues., Jan. 29, 1971 Liquidation Sinks Grains CHICAGO (AP) Farm commodity futures came under strong selling pressure Tuesday, with wheat futures leading the selloff in the major pits on a fall of some 17 cents a bushel. All the major pits were under active liquidation from the opening bell on. Wheat and soybeans were down around 14 ] jents while corn was down 7 cents and oats the limit of b! cents. There was some recovery; several times but new selling at the close brought prices down to about lows for the session At the dose, wheat was down 17 cents a bushel, March 5.85; corn was 5 lower, March 2.94 3 i; oats were down 5 cents, March j 1.67% and soybeans were 14 lower, March 6.274. Spectators Aid In Apprehending Purse Snatcher Police credit several unidentified men with apprehending a 16 year old youth Monday less than a block from the scene of a downtown purse snatching. The victim, Lorena Bowman, 55. of 1460 Linmar drive NE, was in a crosswalk at the intersection of First avenue and Second street E at 2 p.m. when the [youth grabbed her purse and j fled. One man gave chase, police said, and several others cornered the boy at the intersection of First avenue and First street E, where they held him until police arrived. The youth dropped the purse during the chase. He was charged with theft and turned over to the Linn county jail. Financial and Market News Stocks Drift Lower Marion Courts NORTH (I))    29 ♦ AJ73 ¥ AK 10 8 2 ♦ 85 *.12 WEST    EAST ♦ IO 5 4    ♦ 9 2 ¥76    ¥.1953 ♦ KW IO 43    ♦ J 7 6 ♦ K 107    *AQ86 SOUTH ♦ KQ86 ¥ Q4 ♦ A92 *9543 North-South vulnerable West    North    East    South 29    Pass    44 Pass    Pass    Pass Opening lead-^K CHICAGO CASH GRAIN CHICAGO (AP) — Wheal No. 2 si ■d 6.31' in; No 2 hard red 4.01'.-n Corn No 2 yellow 2 95n. Oats No 7 extra heavy white 1.68' <n Soybeans No. I yellow 6.19n C.R. Markets Nam# 1 Colon Penn 2 Alexandrs 3 Harrah* J EDS S Latrobe St! NEW YORK (AP) stock averages 30 Industrials 20s Transportation IS Utilities 45 Stocks Jewel C 1.44 JhnMan 1.20 _ i 4 J chn J n ,50a _ *,4 ■ JonLog JO JonLau 1.60  1,4 Jostens .80 _ *41 JovMfg I 40 4. I, KaisAlu .75 . 3. KanGbl 1.56 4- 1. KanPLt I 44 + 1 J Katy Ind Kellogg 54 _ 1, Nennecott 2 : KerrMG .40 _ 1 j KimbCI 1.44 + i, KnightN .32 + 1, Kopprs 1.38 . ! g Kraftco I 77 _ 3" KresaeS 20 —    1 Kroger 1.30 LearSieg .28 1 LehPCt 80a LehVal Ind lehmn U3e Levity Turn LOF 2.20a GDOMcNL LiggAAy 2 50 Litton .231 Lockhd Aire Loews I 20 LoneStlnd I LoneSG 1.44 LnglsLt 1.46 LTV Corp LuckvStr .54 LukensStl I LVO Corp Lvkes Ynqst 22’J 22    22    — 12'a 12'4 124*— 35'a 35    35'«- 15' *    14’e 15'* + 46’ a 46    44' 4 + 84'* 83 'a 84 — 8*8    8'a BH 22 ? » 22'a 22H 8’a 7'a    8'« 8'1    8' 4    8> a-*- 19    184 4    1844— 21H 2)4*    21 'a + 7H 7H 7's 40' * 39'4 39H— 17    14'a 17    + 44'a 45    45'4—1 42H 39H 414*- UAL Inc UMC Ind .94 UnCarb 2 10 Un Elac 1.28 UnOCal 1 7n UPacCP 2 40 Uniroval JO Unit Air I 80 Unit Brands Unite 0 73e UnMM I 30 USGvPS 1.40 US md .46 USSteel 160 univOil 25e Uplohn 88 UV ind la varian lOe    ll    33    im    ll'*    llv*—    Vt VendoCo 40    8    I    74%    74*    7H . Vetco Ottsh    33    78    28    276a    28 +    VS VaEPw 1.18    6    372    UH    UH    14 a-    J • Wachova .76    '3    28    31H    JIH    JL 1 ”    • WarnL .72a    20    205    36' 4    35H    3544 . WasWP 1.44    9    1    IJH    IJH    1944 +    V* : WnAirL 40b    7    98    94*    9H    94* WnBnc 1.40    8    40    29    28H    29 +    U WUmon 1,4fl    8 138    I5H    ISH    IJH—    J* WestgEI .97    10    527    23H    23H    23H-    '4 Weyerhr 80    '5    428    39 *    38 H    38    * WhelFry .40    ll    24    13V4    13    13    —    Ai Whirlpot JO    IO    50    24'4    24    24    e-    H White Motor    6    50    I OH    IOU    IOU    , Whittaker    26    2H    2'*     + ,*! Williams co    14    627    61H    5J    5’^T 2 ^ WinnD* 124    IS    34    41    40 a    41+44 Winnebago    37    1 84    6H    6 «    AH    , Aoiwth 1 20    5    224    18    17H    17H— U X-Y-Z Xp-oxCd I 31 211 119    118 * 118’a- H ZaieCorp .72    6    108    16 a    lf    1fH+ ZemthR 1.52    8    82    2b a    27 •    V 1 /*-    ' * Copyrighted by The Associated Press 1974 The bidding has been: West    North    East    South 145 Pass    lo    Pass    1¥ Pass    10    Pass    ? You, South hold: ♦ AK76? AK76O2*K1043 What do you do now? A —Bid three spades. You really want to bid four and would do so if you were sure your partner held four spades. TODAY S QUESTION You bid three spades and your partner bids three notrump. What do you do now? Answer Tomorrow Sales figures are unoftiCla' Unless otherwise noted, rates of dividends in the foregoing table are annual disbursements based on the last Quarterly or sem, annual declaration. Special or »*fra dividends or payments not designated as regular are identified in the following footnotes. a-Aiso extra or extras. b-Annuai rate plus stock d vidend. c-Liguidatmg alvi- 1 aend e Declared or paid in preceding 12 months h—Declared or paid after stock dividend cr split up. k—Declared or paid this year, an accumulative issue with div dends in arrears, n—New Issue, p-Paid this year, dividend omitted, de-, 'erred cr no action taken at last dividend meeting, r- Declared or paid in preceding 12 months plus stock dividend, t—Paid in stock in preceding 12 months, estimated cash value on ex-dlvidand or exdistribu-. Hon date. I Sates in full.    _    ! Cid—Called x-Ex dividend, v Ex divi-i dend a-d sates in full, x-dis- Ex distribu-. lion xr—Ex rights xw—Witnout war-J rants ww With warrants. wd~When dis-; tribute^ wi—When issued, nd Next day del very. vi In bankruptcy or receiversh'p or be ng reorganized under the Bankruptcy 1 Act, or securities assumed bv such companies to—Foreign issue sublect to lowest equalization tax. ( adance md Cal i-inani CampR .50# Campi I ta Carol* w 1,60 ( arrCp ,52 Cartwa ,40a CasfleC ,60b CatprTr I 60 Celanese 2 Cencolnc 20 cenSoW 1.1} CurroCp I Cert teed 40 Cessna JO Chessie 3 40 Chmplnt 97 ChiPneuT 2 Chns Craft Chryslr I 40 CIT F.n 2 20 C'tiesSv 220 Ciarkt 1.52 C Ive IHI 2.32 CocaCol I 9o ColqPal 64 CBS I t‘ Col Gas I 98 Com BE I 61 ComlSol 60 ComwE 2 JO Comsat .80 Contd I 80 ConFdS I 35 C n NGS 2 IO ConsuPow 2 Cont Air Cm C1 fCan I to ( rn cd 2 40 ConfOH I 60 Cont Tel J.' Control Dat Coopine! I 04 CorngG 1.12 Cox Bdft .35 ' PC Int I 86 ( rouHin 60 Crown Cork Crw/ell 160 CurtissWrt Iowa Up Slightly DES MOINES (AP) - Unemployment in Iowa jumped five-tenths of a percent in December to 2.9 percent, the Iowa employment security commission reported Tuesday. The December rate is the same as a year ago but up sharply from the November mark of 2.4 percent. The commission said 1,262,900 Iowans were employed in December, while 37,500 were without jobs — 6,100 more than ini November and 900 more than a year ago. Commission figures did not indicate how many Iowans were' unemployed because of the energy shortage. IO YEARS AGO - The state department summoned a Soviet embassy official to protest in the strongest terms the shooting down of an American jet trainer over East Germany. DRESSED MEATS DES MOINES (AP) — Midwest carlot meat trade for iowa and river market areas; Beef trade slow, choice steer beef 3 00-4 00 higher, choice heifer beef 2 OO-2 50 higher, instances 3.50 nigher, choice 600-900 IO. steer 75.00; choice heifer beef 600-700 lb n OO. Fresh pork cut trade rather slow; loins 17-20 lb 44 50; picnics 6-8 lbs. S3 CO, skinned hams 14 17 It 69 00-49.50. 17 20 POSTVILLE BEEF POSTVILLE The Postville beet market Tup*day quoted ’prices for prime steers »44 50-545 $0; choice steers S44 50-$45 50, good steer* 542.50 $43 50; standard steer* $40.00 !<i OC; cheke heifers $43 00-44 50; good hiders $41.00-542.00; utility cows $30 00-135 CO; canners and commercial cows $29 00-134 50; bulls $39.00-$4! 50 Waterloo Hogs WATERLOO—Butchers were steady and sows were 25c higher. Packing plant delivery, No. 2 butchers weighing 200-230 lbs. $40.25-140.75. No. 2 sows weighing 300 lbs. $34.00-$34 50. Produce CHICAGO PRODUCE CHICAGO (UPI) — Fugs Prices paid delivery to Chicago unchanged: Prices to retailers Extra large 74-79; lar ie 75-77, medium* 23-75. Dart Ind 40b I ’a vco l.l ; Dav'PL 144 Deere I 40a Del Milt I 20 ueitdAir 6« Dennys .04 DetEdil I 4s DiemSh Mu DilionCo lb thy ev 12b Diversfd In prPepDf .24 DowChem I Dresser I 40 Dux Pw I 40 dup rd 6 75t DuqLi I 72 SIOUX CITY LIVESTOCK SIOUX CITY (AP) (USDA) - 800 hogs; butchers moderately active, compared to Mondays uneven trade I OO lower, U S. 13, 190240 lb 40 50-41 OO; sows steady; U S 1-3. 34C 600 lb 33,50-34 25 7,000 cattle, trade fairly active; slaughter steers steady to 50 tower,- heifer* steady; steers choke 1,050-1.200 lb 48 00-19 OO, mi»ed good and choice ‘J 00 48 00, heifers choke 850 1,075 lh 46 '0-48 OO; mixed Bood and choice 4 5 50-44 50. NEW YORK PRODUCE NE W YORK (AP) (USDA) Wholesale egg offerings fully adequate for current demand Tuesday Whites Fancy ar ie 74 7' Tam v medium 72 74 f ancy smalls 44-69 Butler offerings ample Demand jus* tar Creamery, 93 Score unquoted, 92 Snore " . Ctnts Tuesday. Candidate’s Wife Hurt DES MOINES (UPI) - Kath-leon Gannon, wife of Democratic gubernatorial candidate William Gannon of Mingo, suffered multiple facial cuts and lost several teeth in a two car collision “You seem to be entirely recovered now. Why didn’t you come in sooner?” BIG GEORGE! by Virgil Ported JOLIET LIVESTOCK JOLIET, III. (UPI) — fettle 1,300 steers steady to 25 higher; hailers 1.50 higher; high choice end prime steers 49 rv) 50 CO, choke 49 00 51 00; good and choice 47 JO 48 50. I load 950 lh choke heifer* 49 JO; I load 800 lb choice 48 65, Cutter rows ll OO 31.00, canners 2)00-27 CC Hogs MOO mostly 'J-1.00 lower; No. 1-2 200-230 lh 42 'JO 4? 50, few 43 00 43 69 No 1 3 200 240 lb 41 OO 42 CO, No 2 ? 240-260 lh 3V SC 4! OO. No 2 4 240-280 lh ll OO 19 0 EastAir Lin I USKO I 26d Eaton I bo Denim . 14 I IPasoNG I t (lr,i p I 60 t Hurl I 65 t*mark I F Six Int /Se t. thylCp la I vansp 40.i t xxon 4 25e * vi Prado Co PdoBate lo Re r r Ch 40 4 Pepsi! ’ 20a Ceylon 1 08 “ Pp vied I ta * ReynMet 4r -J tv janS T 99e * P ck wit I 80 Pohrind 90 » RoyCCol 64 WEBSTER CITV LIVESTOCK WEBSTER CITY (AP) - 300 cattle; steers and hellers fully steady, instances 25 higher; steers 47 50-48 OO. heifers 47 OO 48 00, cows 30.00-33.CO, bulls 3/ 0/) 40 OC 1,300 hoot; butchers 75-100 higher; bike hers 40 50 41 OC, ton 41 25; sows s'eadvi sows 32 50 0 50, top 35 00; boars 700 250 IU 12 50 33 OO, 260 350 lb 78 00-29 CO JSC lb and up 31 OO 3' SO Fstirt ate for wednesday 200 cattie and 900 hags FeiCam 30e I <urind Joe Fanstel 30p Fedders 50 Fed NMI .50 FedDSt 1.08 I iltrolCB to Firestone I t sic her v t FstlntBk JO t stNCity ll FI ntkte I Of FlaPow I BO I id('wL I 21 FMC 92 I (IF a r 20b f ordM 3 20a ForMiK ,88 FrnklnM 20 FreepfM BO F-rueht I 80 IO YEARS ALO _ Higher prices of food and housing raised living costs to an all-time peak in December. nirCAGO (.HMN tiro ATH NS Furnished bv La rn son Brothers O6-4AHA LIVESTOCK OMAHA 'AP) IU5DA J Hcqs 5,000, barrow* and gilts fairly active after slow corning; 206270 lb 561 OO lower, with most 200 250 lb 75-1.00 oft; over ?;o ib steady to 50 lower; 290 330 lh steady to strong, 1 3 196 260 lb 40 50-41 50. ? J 240 770 lb 35 no to 75. 7 4 270 330 lh 14 OO 39 OO Sows 75 '0 higher, instance* 75 up, 350 450 lh 33 1035,25 Cattle and calves 7,500, trading on slaughter steer*, unevenly weak to so lower; heifers fully steady; cows weak to mostly 50 lower; high choice and prim# t, 0501,725 Ib ste#-s 49 00 49 50 Choice 1.000 I 276 lb 48 MMV OC, few 49 25, moderate volume high choir*, and prtrne 950-1.050 lb he,(prs 48 '.0 49 OO; le ad 1,060 lb 49.25; Choke 860 1,050 Ib 47.00-4125; utility and romrrit-rr al row 25 50 3150 a few utility deirybrad* 32 OO CLOSE PREY CL 5 86    5 95 5 54    5 45 4 8*    '.Of 481    498 Iowa Bill on Winter DST Repeal Is Filed DES MOINES (UPL - A first ! term lawmaker from Eastern [Iowa Tuesday introduced a res-i Glutton in the Iowa house urging congress to immediately repeal winter Daylight Saving time. Rep. Thomas loggias (D Davenport) said Daylight Sav-i mg time has created a hardship on many Iowan** and failed to produce any significant energy savings. I6‘* H May ',•* , JU v September IO'. -     c H '*- 28 - - H March f.-    *    May 69 H+ V* July 57-*1 I JOH    Oat;. JfW+ 1 2 March 2V*— Le ' v,arcn 16' • May Mi + V$ j 1*1 v 3/    -_l    , I4H IV* SOY BE A '35^    ^    March 15W+ 'e May lo x Mf I4H 'A Jul ’' 76' •— '* August JiiSf I* September GAF CR 44 GarnSk I 40 Gannett 34 Lien Dvnam Gen El I 60 Got ood I *0 GenMill I 08 GnMot 5.25# GPub Jt I «8 <* rd ti t 1/ C, Tirp 1,10b (.priest o Inc - .Pa. h ll Gprber 1.35 GellvO I 7'a Gillette I 60 Global Mar Goodrh I I? Goodyrf k | (,r a, p I SO GraulW I 50 n. t Ant*. ( FROZEN PORK BELLIES ey's uuotations from February March May Inly At lr.1t SHE’S tolvrd the pollution problem